I agree with Anita, but one thing is for sure (guarnteed), what goes up must come down, The market has boomed since the election and it is well OVER priced and will have a huge correction sometime in the future. Stocks are trading way too high compared to their earnings. You don't need an event (good or bad) for the market to take a dive, it just happens and they call it a correction and we're well overdue for one.

rickdun wrote:I agree with Anita, but one thing is for sure (guarnteed), what goes up must come down, The market has boomed since the election and it is well OVER priced and will have a huge correction sometime in the future. Stocks are trading way too high compared to their earnings. You don't need an event (good or bad) for the market to take a dive, it just happens and they call it a correction and we're well overdue for one.

Too bad everyone will blame trump and his administration for the correction when it does happen. Its about 5 years overdue to be honest.

If you have your money in the stock market, bonds, shares in some company, 401k, whatever...get it out while you still can. When "it" hits, they're all coming down.Anything you can't get your hands on,it's gone.Buy some land, some livestock...something that will still have value.

I've said this before and will say it again. No one knows what will happen.

Do I expect the economy to collapse at some point? Yes, I believe it is likely. I've been ringing that bell practically as long as Farber. But, no one knows when. No one knows what will happen. Diversity is your friend. Don't have all your money in the market, but don't have it all in land, or gold, or any number of other things. My suggestion is to spread it around.

"Then call us Rebels if you will, we glory in the name, for bending under unjust laws and swearing faith to an unjust cause, we count as greater shame". Richmond Daily Dispatch May 12 1862

rickdun wrote:I agree with Anita, but one thing is for sure (guarnteed), what goes up must come down, The market has boomed since the election and it is well OVER priced and will have a huge correction sometime in the future. Stocks are trading way too high compared to their earnings. You don't need an event (good or bad) for the market to take a dive, it just happens and they call it a correction and we're well overdue for one.

Too bad everyone will blame trump and his administration for the correction when it does happen. Its about 5 years overdue to be honest.

I know a guy who has been expecting, seriously, for the correction since 2010.

I agree we are due or overdue.

Beware of the guy with only one Cast Iron pan . . . he likely knows how to use it.